432 Oakview Avenue

Property Overview: 432 Oakview Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 432 Oakview Avenue in the Rossmere-B neighborhood presents a solid, mid-century property that offers value and stability. Built in 1956, it is newer than many homes on its street and in the immediate area, which can be an advantage for systems and structure. With just over 1,000 square feet of living space and a lot size near 4,800 square feet, its proportions are very typical for the street, fitting comfortably within the local context.

The primary appeal lies in its established neighborhood setting and its market positioning. The assessed value of $312,000 is consistent with area averages, suggesting a fair and predictable valuation. For a buyer, this represents an opportunity to enter a mature community without paying a premium for above-average size or a recent build. It suits first-time homeowners, downsizers, or investors looking for a straightforward, manageable property in Winnipeg. A thoughtful perspective is that its "average" metrics across the board can be a strength—it's less likely to be over-improved for the area, reducing the risk of overpaying for features the neighborhood won't support in resale value.

Section 2: Frequently Asked Questions

1. How does this home's size compare to others in Winnipeg?
At 1,004 sqft, the living area is below the Winnipeg city-wide average for comparable homes. However, it is very much in line with the typical size found on Oakview Avenue and in the Rossmere-B neighborhood.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($312k) is a municipal valuation for tax purposes. It is around average for the street, neighborhood, and even city-wide when compared to similar homes. It provides a benchmark, but market conditions, property condition, and recent upgrades will ultimately determine the sale price.

3. The home was last sold in 2019. How can I find out the exact sale price?
The public data shows a sold price range of CA$250k–300k for that transaction. To obtain the exact, verified sale price, you must request a manual lookup from the site via email, as this data is not sourced from the MLS.

4. What are the potential implications of the lot size being below the neighborhood average?
The lot is approximately 4,777 sqft, which is slightly below the Rossmere-B neighborhood average. In practical terms, this may mean a moderately smaller backyard or less distance from neighbors compared to some other homes in the broader area, but it is still a standard city lot.

5. The home is older. Should I be concerned about major repairs?
Built in 1956, the home is newer than many on its block. While this is a positive relative point, any home of this age will require a thorough inspection. Key systems like plumbing, electrical, roofing, and the foundation should be evaluated to understand their condition and remaining lifespan.